QTUM is a great coin, but it's bleading heavily. Right now it's either good buy-in or it's catching a falling knife.
Most successful traders are buying when everything is red. "Buy and forget" as they say.
QTUM doesn't have any major support lines at this level, and only ones are Fibonacci levels.
Right now it's stopped at 88.60% but it can easly go to 94.10%, because why not?
If You're OK or not with 32% risk it's up to You.
Remember to set stop-loss if u're not longtermer. QTUM may go bonkers in either way.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles.
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter https://twitter.com/Woytech
or on TradingView https://www.tradingview.com/u/Voytech/